Key Industry Profiles: Fremont is Creating Devices that Promote a Greener and Healthier Planet
he following article was originally printed on July 31, 20015 in Silicon Valley Business Journal’s Advertising Supplement on page 11 — Redefining What it Means to be a Silicon Valley City
Clean Tech
To date, nearly 40 clean tech firms have put down roots in Fremont, including the likes of Solar City, Imergy, and Soraa.
And, of course, Tesla.
As the anchor tenant in the Warm Springs Innovation District, the all-electric vehicle maker is manufacturing its famed Model S sedan, with the new Model X rolling off the line later this year.
And it’s no accident that Fremont is home to this flurry of clean tech activity. The broad array of locally grown technologies represents what experts refer to as the entire smart grid value chain, including communications, semiconductor, solar, LED, energy storage and electric vehicles—all of which have their roots in the semiconductor industry.
Biomedical
From imaging catheters to patches that deliver therapeutic treatment through the skin to anti-gravity treadmills, Fremont’s 80+ biotech and medical device companies are researching, developing and manufacturing products that improve our lives.
But we are keenly aware of the specific business challenges that can threaten success – whether it’s the shortage of experienced technicians or regulatory issues. Fremont is actively engaged with regional partners to support and grow this critical industry.
For example, Fremont’s Ohlone College is one of four state Applied Biotechnology Centers focused on providing world-class training for a globally competitive biotech workforce.
The City of Fremont was also instrumental in securing a federal grant to build an East Bay Biomedical Manufacturing Network, a program designed to boost the region’s strength in the biotech industry.
What’s the Formula for Success?
- A wide range of available facilities for R&D and manufacturing
- Central Silicon Valley location drawing from the largest pool of educated, highly-skilled workers
- Growing clusters that foster interaction, collaboration and connections with local suppliers
- City expertise in facilitating expansion activities as companies scale
- Assistance with all City permits
- Coordination with local utility providers and other regional agencies
- Exemption of business taxes for clean tech and biotech manufacturers, recognizing their long lead time to market.